Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Magma Metals Limited T.MMW



TSX:MMW - Post by User

Post by rallardon Jun 10, 2012 10:37pm
491 Views
Post# 19998195

my hat goes

my hat goes

off to PAN, not every day you get an 800,000 oz Pt/Pd deposit for 6 million dollars (MMW had about 18 million in cash). I do realize the markets are in turmoil but this deal does have some interesting optics.You do have to wonder about Anglo Pacific though, buying all through the hostile offer with an average in of about .33 and then tendering all their shares to the offer at a dime.hmmmmmmmm makes one speculate eh?

 

I guess I will be a PAN sh before to long, and I will hold them for the Thunder Bay North Property, which may turn out to be one of the largest Pt/Pd complexes in NA.

<< Previous
Bullboard Posts
Next >>